Production at U.S. factories rose modestly in January, suggesting manufacturers gradually are working through pandemic-related shortages of materials and labor that hobbled output in the prior month.
The 0.2% increase followed a revised 0.1% decline in December, Federal Reserve data showed Feb. 16. Total industrial production, which includes mining and utility output, jumped 1.4% in January, the most in three months, on a surge in heating demand.
